IMO the hybrid arrangement is because office leases tend to be long term commitments. Since it is already a sunk cost in a sense the hybrid model has value righ

IMO the hybrid arrangement is because office leases tend to be long term commitments. Since it is already a sunk cost in a sense the hybrid model has value right now. I just can't see that the hybrid model is the long term equilibrium. The office either has a competitive advantage or it is a liability that can be trimmed in cost cutting measures. Long term, firms will either push the edge of the competitive advantage of the office back to everyone going to the office full time or cut the cost completely. Maybe it even depends on the department within the firm or across firms but the hybrid model is just nonsense to me. A cascade of punting a decision down the road so leadership doesn't have to really decide right now while we are all stuck in these pre-2020 commercial leases anyway.